What are non-withdrawable Asset Balance Credits (ABC’s)?

Non-withdrawable Asset Balance Credits are a balance made available to Participants, as part of marketing or incentive campaigns. These Asset Credits are designed to increase a Participants margin balance and provide them with additional (or initial) trading capital. Asset Balance Credits are subject to Terms of Use

Here's what you need to know about non-withdrawable Asset Balance Credits - ABCs:

  1. Purpose: This balance is credited to Participants as a reward for participating in specific promotions, referrals, incentives or other marketing campaigns or initiatives organized by Thalex. 
  2. Usage: Non-withdrawable ABCs can be utilized to increase the available margin balance on your trading account. ABCs allow you to open new positions or increasing position size on Thalex.com, thus benefiting from market opportunities.
  3. Risk Management: Even though Thalex allows you to use ABCs, you remain responsible for managing the risk of your account, and your account remains subject to margin requirements. You may be asked to deposit additional funds in order to keep your positions open, or your account can be subject to manual closure, or close-out, in case of Margin breach, as per our Rulebook.
  4. Limitations: ABCs are not Customer Assets; they are not equity that belongs to you, nor to any Participants. They are a facility granted by Thalex for the purposes of increasing available margin. Non-Withdrawable Asset Balance Credits cannot be withdrawn, and they serve no other function besides increasing an account’s margin balance. 
  5. Profit Withdrawal: While Asset Balance Credits themselves cannot be withdrawn, any accumulated USDt profits generated from trading with these credits are fully withdrawable, are part of your equity and are considered Customer Assets. This means that if you make successful trades using non-withdrawable credits, you can withdraw the profits earned from those trades.
  6. Providing Opportunities: Non-withdrawable Asset Balance Credits provide users with additional (or initial) margin balance. This allows Participants to explore new strategies and potentially increase their profitability. However, it should be noted this may increase your risk profile, and, as such, you are encouraged to monitor the risk of your account at all times and not to take excessive risk, or risk you are uncomfortable with.